Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    West Columbia Mixed-Use Investment Title is generated by Realmo AI

    1101 Charleston Hwy, West Columbia, SC 29169

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Mixed-use investment property with office and industrial spaces for sale.

    Type:Industrial, Mixed Use, Office, Retail
    Property size:
    9,200 SF
    Price / SF:
    $86/SF
    Added:
    Mar 20, 2023
    Days on Market:
    1174
    Last Refresh:
    May 12 at 10:11 pm

    Property Features for 1101 Charleston Hwy

    General Information

    Standard status
    Active
    Size
    9,200 SF
    Property subtype
    Industrial, Mixed Use, Office, Retail

    Building Details

    Year Built
    1970

    We can help!

    Listing Contact
    Scott Davis, CCIM

    Listing agent Scott Davis, CCIM License #7905

    Listing office Coldwell Banker Commercial Realty

    Listing date Mar 20, 2023

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty

    HighLights

    • Mixed‑use property offering both office and industrial spaces.
    • Value‑add investment opportunity in West Columbia.
    • Located in a rapidly growing area.
    • Includes frontage on Charleston Highway.
    • ±5,200 SF commercial building with 6 individually leased offices.
    • +4,000 SF industrial building featuring 5 bays.

    Overview

    This mixed-use investment property is located in West Columbia and includes frontage on Charleston Highway. The property is currently used as office and industrial space. The location is in a rapidly growing area, as development progresses through West Columbia and Cayce. The property includes a commercial building with approximately 5,200 square feet of space, featuring upstairs office space. This office area contains 6 individual offices with individual leases. Behind this building is an industrial building with approximately 4,000 square feet of space, containing 5 bays occupied by the owner. The total property size is 9,200 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.0998
    Latitude
    33.9973

    Nearby Similar for Sale

    • $1,250,000
      6,030 SF

      West Columbia Commercial Opportunity

      Versatile commercial building in a prime location.
      1076 Sunset, West Columbia, SC 29169-6862
      View Details
    • $280,000
      4,270 SF

      Versatile Commercial Property in West Columbia

      Showroom, office, and warehouse space on 0.88 acres.
      301 Ramblin Road, West Columbia, SC 29170
      View Details
    • $280,000
      4,600 SF

      Versatile Commercial Property with Showroom

      Showroom, office, and warehouse space on 0.88 acres.
      301 Ramblin, West Columbia, SC 29170
      View Details
    • $7,350,000
      39,722 SF

      West Columbia Medical/Office Park

      Four Class A buildings, 100% occupied, located on Sunset Boulevard.
      3221, 3223, 3225, & 3231 Sunset Blvd., West Columbia, SC 29169
      View Details
    • $800,000
      4,000 SF

      West Columbia Retail/Office Opportunity

      Highly visible location ideal for retail, office, or restaurant.
      536 Meeting St, West Columbia, SC 29169
      View Details
    • $1,500,000
      3,840 SF

      Operating Retail Store on Sunset

      Operating convenience/retail store on Sunset Boulevard with high visibility.
      746 Sunset Blvd, West Columbia, SC 29169
      View Details
    • Contact for pricing
      12,000 SF

      Warehouse Near Columbia Airport

      Warehouse investment opportunity near Columbia Metropolitan Airport in West Columbia.
      105 Columbia Street, West Columbia, SC 29170
      View Details
    • Contact for pricing
      9,600 SF

      West Columbia Warehouse and Repair Facility

      Former heavy equipment wholesale and repair facility with secured yard.
      122 Gardners Terrace Road, West Columbia, SC 29172
      View Details
    • $997,700
      7,500 SF

      West Columbia Industrial Flex Space

      7,500 SF industrial flex space on 0.71 acres.
      230 Ermine Rd, West Columbia, SC
      View Details
    • $1,145,000
      6,300 SF

      Medical/Office Building Near Lexington Medical

      6,300 SF building suitable for medical or traditional office use.
      101 Medical Cir, West Columbia, SC
      View Details
    • $7,850,000

      West Columbia Multifamily Investment Opportunity

      Value-add multifamily investment in West Columbia with significant rental upside.
      1600 Platt Springs Rd, West Columbia, SC 29169
      View Details
    • $5,900,000
      72,140 SF

      West Columbia Office Space Available

      60,000 SF office space in Cayce/West Columbia.
      3245 Platt Springs Road, West Columbia, SC 29170
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use investment property with office and industrial spaces for sale.
    Where is this mixed-use property located?
    The property is located at 1101 Charleston Hwy West Columbia, SC.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Mixed‑use property offering both office and industrial spaces.; Value‑add investment opportunity in West Columbia.; Located in a rapidly growing area.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Scott Davis, CCIM
    Real Estate License ID: 7905
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1101 Charleston Hwy, West Columbia, SC 29169
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!